Eastern Bank PLC 2023 SR
The report highlights Eastern Bank PLC's (EBL) progress in sustainability for the 2023 financial year, emphasizing its commitment to the UN Sustainable Development Goals. A major milestone is the first-time disclosure of financed greenhouse gas emissions using the Joint Impact Model and PCAF standards, revealing a total portfolio emission of 1,418,330 tons of CO2. EBL achieved significant milestones in sustainable finance, with 40.4% of total finance directed toward sustainable initiatives and 18.5% toward green finance. The bank also focused on digital transformation, financial inclusion for women and rural communities, and in-house green initiatives like plastic-free premises. Furthermore, EBL transitioned to reporting in accordance with the GRI 2021 Universal Standards to enhance transparency.
Company: Eastern Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2023
Type: SR
Pages: 16
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Eastern Bank PLC
Sustainability Report
The report highlights Eastern Bank PLC's (EBL) progress in sustainability for the 2023 financial year, emphasizing its commitment to the UN Sustainable Development Goals. A major milestone is the first-time disclosure of financed greenhouse gas emissions using the Joint Impact Model and PCAF standards, revealing a total portfolio emission of 1,418,330 tons of CO2. EBL achieved significant milestones in sustainable finance, with 40.4% of total finance directed toward sustainable initiatives and 18.5% toward green finance. The bank also focused on digital transformation, financial inclusion for women and rural communities, and in-house green initiatives like plastic-free premises. Furthermore, EBL transitioned to reporting in accordance with the GRI 2021 Universal Standards to enhance transparency.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Employees